Step by step guide – How buying, installing and using Expert Advisor from MQL5 Market

1. First make sure that you have the necessary funds required for your purchase in your MQL5 account, its always easier to pay with your MQL5 balance, than using a credit card during the buying procedure.

2. Find the Expert Advisor that you want in the website and open its product page.

3. Click the Buy or Rent button to continue with your purchase.

4. Choose the payment method and click the green Next button to continue with your payment.

5. After your payment is completed, you will need to open your MT4 (for MT5 pretty much the same) terminal in order to download and install your MT4 Expert Advisor.

6. When you open your MT4 terminal, you must make sure that your are logged into your MQL5 account with your MQL5 account login and NOT with your email, facebook or any other. For example my login is the last part of my profile url, in my case: batudaev, the last part of:

7. So, open the MT4 >> Tools >> Options >> Community tab and make sure you are logged in with your MQL5 account login.

8. Then go down in the Terminal window and click the Market tab. On the left side of the Market tab, click the Purchased option and then click the blue Install button on the right side, of the product you’ve just purchased.

Notice: If you can’t see your purchase when you click the Purchased option, check the below mentioned issues:

Make sure that:

  • that you have Internet Explorer or Microsoft Edge latest version installed on your computer or VPS
  • that you are using the latest build of MetaTrader 4
  • that you are logged into your MQL5 account in MT4 >> Tools >> Options >> Community tab, using your login – NOT your email
  • that your MQL5 account password is less than 10 characters (if your password is 10 or more characters – change MQL5 account password here)

In case you still don’t see the product on the list of your purchases in the terminal, try the following:

  1. Close ALL your MetaTrader terminals
  2. Go to C:\Users\{user name}\AppData\Roaming\MetaQuotes\Terminal\Community
  3. Delete all files starting from* and*
  4. Open the MetaTrader terminal
  5. Try to install your product again

9. After you’ve experimented enough with your Expert Advisor’s settings and you’ve found the correct settings for your strategy, you may want to put it to work. You are now ready to trade on a demo or live account with it. So, open the appropriate chart of the symbol that you want to trade with your Expert Advisor, choose the correct timeframe and then from the left side of your MT4 terminal, in the Navigator window, find your purchased Expert Advisor from within the Market options and drag it onto the chart (or double click it).

10. The Expert Advisor’s settings window will open. There you click the Allow live trading option on the Common tab and click OK.

11. Then you go onto the Inputs tab and adjust your Expert Advisor’s settings or Load any set file, you’ve been provided by the seller, by clicking the Load button in the bottom. After you’ve finished adjusting or loading your settings, click the OK button.

12. After you’ve closed the Expert Advisor’s window, you will see that there is a sad face on the top right of your chart. That means that your EA does not trade yet. You need to click the Auto Trading button and instantly the sad face will smile. Now your Expert Advisor trades on your demo or live account.

13. The only thing that remains to do is to make sure that you will not suffer any power or network disruptions and that can be accomplished by employing a MQL5 VPS (virtual private server), in order to have your Expert Advisor trading on the cloud 24/7 around the clock.

VPS server

If you haven’t purchased VPS for your trading account, you can do it here.

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